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6 top tips  for managing and  declaring dividends You may have heard the phrase ‘declaring dividends’ used in relations to businesses, but if you’re running a limited company, you need to become familiar with what a dividend is and how they can help you be more tax…

What is t he difference between profit and cash ?    Cash and profit are two important elements of any business. Cash is measured by the cash position and cash flow statement, whereas profits are displayed in the company’s profit and loss (P&L) statements. …

Understanding your Profit & Loss  (P&L)  Statement    Your Statement of Profit & Loss (P&L), or Income Statement, displays the overall performance of your business over a specific period. Usually this is a month, quarter, or…

Am I affected by the  Domestic Reverse VAT Charge ? We’ve been talking to our clients about the domestic reverse VAT charge (DRC) for building and construction services for some time now. However, with queries still coming through from prospective clients we…

Your business team is the most important asset and why you should get to know them better. A small business is only as good as the team within it. How many times have we had great support from a local business team, usually because the team are tightly knit and work…

They say good things come in threes, and we could n’t  agree more!   BAS Associates have expanded ; we have grown our client  base   overnight ,   our team has grown  by 2 oh and we have a new  office  location! …     But don’t worry we’re…